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Monsanto subidiary American Seeds, Inc. (ASI) announces it acquired Gold Country Seed, Inc.


Monsanto subidiary American Seeds, Inc. (ASI) announces it acquired Gold Country Seed, Inc., Hutchinson, MN, and Heritage Seeds, Rensselaer Rensselaer (rĕnsəlēr`, rĕn`sələr), city (1990 pop. 8,255), Rensselaer co., E N.Y., on the east bank of the Hudson River opposite Albany; settled 1630 by Dutch, inc. 1897. Chemicals, textiles, and leather goods are among its manufactures., IN.

Dennis Plummer, ASI president says, "These companies have a strong track record of serving their farmer customers and delivering high-quality products. We look forward to working with these companies and supporting their commitment to deliver the newest technology In the best germplasm."

Monsanto acquired both companies in cash transactions totaling $8.7 million. Collectively, these two companies represent approximately 0.4 percent of total U.S. corn and soybean seed sales.
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Title Annotation:Heritage Seeds
Publication:Agri Marketing
Article Type:Brief article
Geographic Code:1USA
Date:Apr 1, 2006
Words:91
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